EIPICO reports 14 pct rise in 2010 profit

DNE
DNE
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CAIRO: Egyptian International Pharmaceutical Industries Co (Eipico) reported on Sunday a 14 percent rise in 2010 net profit to LE 326 million ($55 million).

Net profit in 2009 was LE 285 million, the company reported in its accounts published in an Egyptian newspaper.

In the statement, the firm said the board proposed issuing a cash dividend of LE 2.50 per share.

 

 

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